Not Applying For Financial Aid = Hook?

<p>I’ve heard that some colleges have unofficial “quotas” for the % of all incoming freshmen that are full-pay. Is this true?</p>

<p>At colleges that are not need blind, which is most colleges, not needing aid is a hook.</p>

<p>meaning what?</p>

<p>I definitely don’t need financial aid. Meaning, if I don’t put that, will it kinda bump it up? or does it not matter?</p>

<p>Yes, at non need blind schools you have a much better chance if you do not need aid. Keep in mind that a school’s stats already reflect this though.</p>

<p>That is kind of ****ed up. Rich people once again get the upper hand.</p>

<p>When don’t rich people have the upper hand?</p>

<p>dank–</p>

<p>ultra-rich people get the upper hand when:
-they can donate a library
-they have super-legacy</p>

<p>rich people get the upperhand when:
-they aren’t applying for finaid</p>

<p>middle class get the upper hand when:
-umm?</p>

<p>lower class get the upperhand when:
-1st generation college applicant
-applying through questbridge or the like</p>

<p>so in conclusion, everyone gets the upperhand besides the middle class.</p>

<p>Lower class does not get the upper hand, they get some help but it still does not equal things out. </p>

<p>It is still ****ed up.</p>

<p>

</p>

<p>You obviously have no idea what it’s like to be poor. I fully agree with dank08’s comment, we get “some” help.</p>

<p>Most people ignore the fact that, a lot of fin. aid are loans, which HAS TO BE PAID BACK.</p>

<p>Which is easier said than done.</p>

<p>yeah, you’re right. i wasn’t taking into consideration the lack of opportunities. although, the high amounts of fin. aid available (and CC! :)) do help to compensate.</p>

<p>Very few truly poor kids have the credentials for the need blind colleges where they are given good aid.</p>

<p>dank, first of all, if your name is what I think it is, should you even deserve help? Second, not everything is fair, and if you want it bad enough, you could get a scholarship or aid.</p>

<p>at non need blind schools you have a much better chance if you do not need aid. >></p>

<p>It is incorrect to say that you have a “much better” chance at all Need-Aware schools if you don’t need aid. Most of the openly need-aware schools only actually end up considering need for a relatively small percentage of applicants, typically those towards the bottom of the applicant pool. So, someone who has strong stats in the applicant pool is going to have pretty much the same chances regardless of whether they need aid or not.</p>

<p>Another important point is that not applying for financial aid can often play a role when it comes time to award merit scholarships at many “need blind” schools. It’s simple economics: while they may not consider “need” as they look at applications, for ENROLLMENT MANAGEMENT purposes, they want to make sure that the books will balance for the incoming class. So, at a fair number of schools that award merit scholarships, those with no or less need will have somewhat better (and at some schools much better) chances of receiving a merit scholarship or “discount” in order to insure that the class doesn’t end up filled with high-need students.This is called “financial aid leveraging” in enrollment management lingo. I have an excellent article that explains this in greater detail that I’d be happy to email to anyone who PM’s me with their email address. </p>

<p>However, the bottomline is this: No one who needs financial asisstance should check the “don’t need aid” box in hopes of getting a small boost in their admissions chances. There is no sense getting in if you can’t afford to go. But, the good news is that most need-aware schools are very good about meeting 100% of demonstrated need for every student that is admitted. The same can’t be said about the vast majority of schools that claim to be “need blind.” (There are actually only a handful of schools that are both need-blind and guarantee to meet full demonstrated need) </p>

<p>So, if you like a school that is need-aware, don’t let being need-aware stop you from applying. And, don’t assume that just because a school is need blind that you’ll get a good financial aid package. The right question to ask of every school is not “are you need blind?” but rather “what percentage of admitted applicants have 100% of their need met?” The higher the percentage, the better.</p>

<p>Carolyn, how can you say that most need aware schools meet 100% of demonstrated need? That simply is not correct. Most do not meet need.</p>

<p>^^ agreed.</p>

<p>The lower class is screwed the most. Then the middle class. And then the rich class (which is … not at all).</p>

<p>“dank, first of all, if your name is what I think it is, should you even deserve help? Second, not everything is fair, and if you want it bad enough, you could get a scholarship or aid.”</p>

<p>Great logic. Shouldn’t everyone deserve help? Should a user name really be based on whether one’s arguments are valid or not. </p>

<p>Not everything is fair, being rich alone is a not fair, but giving advantage into college for having money is even worse. If you don’t see what is wrong with that, than, put yourself in someone else’s shoes. I know people say that a lot, but you can even try and drive into a bad neighborhood, just get a feel for it. I won’t make assumptions on what your situation is, unlike you, because I am not an idiot. </p>

<p>P.S. If you’re going to try and use a personal attack, make it good jackass.</p>

<p>Umm … sorry if making this thread caused some animosity.</p>

<p>but i’d like to say that colleges DO have a bottomline, so it would make sense for them to need a certain amount of their students to be full-pay, for obvious reasons.</p>

<p>also, some people work extremely hard to become wealthy. so it really is ‘fair’ in some cases. yes, some luck is involved, but it also takes hard work. much like the lower income people on CC who plan to go to top 20 colleges–they have worked hard and deserve to be wealthy some day.</p>

<p>my dad works hard for his money and the car he drives, and if that gives his kids a better education by being able to afford it, why not?</p>

<p>“but i’d like to say that colleges DO have a bottomline, so it would make sense for them to need a certain amount of their students to be full-pay, for obvious reasons.”</p>

<p>Oh, of course. I am not saying they can’t accept them, but do they really deserve a leg up just for growing up privileged? </p>

<p>“my dad works hard for his money and the car he drives, and if that gives his kids a better education by being able to afford it, why not?”</p>

<p>GREAT!! I am sorry, but not everyone is fortunate enough to have parents who can support their children. I am happy that you have the opportunity to go to whatever college you get into, but at least have some decency and show some compassion towards those who are not as LUCKY as you are. You are a minority in that sense I guess.</p>